Singapore doubles RE import capacity under LTMS-PIP

Keppel’s importer licence was also extended to support this move.

The Energy Market Authority (EMA) has announced the second phase of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), doubling its electricity trading capacity from 100 megawatts (MW) to 200 MW. This move aims to strengthen the  Association of Southeast Asian Nations (ASEAN) Power Grid and address the growing power demand in Southeast Asia. 

EMA said this was made possible by the introduction of multidirectional power trade, under which additional supply will be sourced from Malaysia.

Launched on 23 June 2022, the LTMS-PIP was the first collaboration among four ASEAN member states on multilateral cross-border electricity trading of renewable energy.

To support this expansion, EMA has also extended Keppel’s electricity importer licence for another two years to 2026. In addition to being able to import electricity from Lao PDR, the company will be importing electricity from Malaysia. 

“This expansion underscores the scalability of multilateral electricity trading initiatives,” said Cindy Lim, CEO of Keppel’s Infrastructure Division.

“As Singapore's first cross-border electricity importer, Keppel is honoured to play a key role in advancing the ASEAN Power Grid, enhancing energy infrastructure connectivity, and strengthening regional grid resilience,” she added.